RHB Investment Research Reports

Trading Stocks - Uzma

Publish date: Tue, 30 May 2023, 11:57 AM
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Uzma is poised for a technical rebound, as it tested the immediate resistance of MYR0.65 yesterday, above the 21-day SMA line. If the breakout happens, expect strong momentum to emerge, extending the upside towards MYR0.70, followed by MYR0.75. On the other hand, breaching below the MYR0.62 support will nullify the expectation.

Source: RHB Securities Research - 30 May 2023

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